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  1. The key numbers behind the latest Greek proposals

    EconomyProgramme

    with estimated revenues at 100 million per annum in 2015-2016 5) Extension of luxury tax with incremental revenues at 47 million per annum in 2015-2016 6) Taxation with 30 percent on gross gaming revenues... ruling on pensions, which means restoring previous cuts an estimated cost of 1.5 billion. Thursday

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  2. Greek stocks slip 0.4 pct during week

    Economy

    and cost containment. In contrast, NBG posted net profit of 81 million in Q1 with core PPI rising by 21... per shares on May 30 and Hellenic Exchanges also trades ex-dividend of 0.10 euros per shares on May 31

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  3. World Bank sets out savings Greece can make from streamlining welfare benefits
    Photo by Panayotis Tzamaros/Fosphotos

    EconomyProgramme

    of the gradual nationwide roll-out of the GMI scheme. Its cost is estimated at 0.5 percent of GDP..., with the assistance of the World Bank, to reform benefits and generate savings of 0.5 percent of GDP per... increase the amount per child under the consolidated unified child benefit, improving efficiency

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  4. BoG report reveals impact on banks’ capital from NPE reduction and loan sales
    Photo by Panayiotis Tzamaros/Fosphotos

    EconomyBanking

    percent per annum from mid-2016 until the end of 2019 and a cost of risk (CoR) of 0.8 percent... per lending segment stood above 60 percent of nominal value for housing loans, above 20 percent

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  5. Newsletter 120 - 26/05/2017

    Newsletters

    outpaced lower funding cost. NBG posted a rebound mostly due to a low base effect. Travel receipts fell... in the average expenditure per trip by 8.1 percent to 308 euros. Foreign arrivals fell slightly by 0.2... a decline in both the average expenditure per trip, by 3.2 percent to 314 euros, and in international

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  6. Tourism could give economy annual 5 bln boost, NBG report finds
    Photo by Yannis Drakoulidis/Fosphotos

    EconomyFeatures

    expense per day comes close to 70 euros (95 euros for those staying in hotels and 55 euros for the rest... which manifested in a fall in the cost of holiday packages in 2016. The result was an overall 8... hotels) has to be increased by 3.3 billion euros per year for the next five years, corresponding

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  7. Labour market reforms did exactly what they were supposed to
    Photo by Panayotis Tzamaros/Fosphotos

    Agora

    (such as chemicals and pharmaceuticals), for which the cost of labour is a marginal component. Finally... per week totalled just above 416,000, in 2016 that figure had increased by 30 percent to little... of over 35 hours per week hirings is nearly half at 22 percent. According to ELSTAT, part-time

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  8. ECB report highlights sluggish Greek economic growth
    Photo by Panayotis Tzamaros/Fosphotos

    Economy

    to 0.1 percent after being flat in 2016, against an EU average of 1.9 percent. GDP per capita... prices increased by 8.6 percent. Compensation per employee in Greece declined by 0.9 percent year.... The cost of borrowing for non-financial corporations in Greece in 2017 was 4.51 percent, more than

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  9. Crisis-era productivity in Greece lowest among OECD countries

    EconomyFeatures

    that in terms of GDP per hour worked, only Greece had a negative reading during the crisis years... gross value added per hour worked was higher than the EU average. However, for the business services... to its lenders data which demonstrates that a rise in the minimum wage will not come at the cost

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  10. Newsletter 184 -23/11/2018

    Newsletters

    -employed groups will cost 177 million. The pledge to gradually reduce corporate tax from 29 percent... expenditure per trip drop by 4.3 percent to 487.60 euros. Over the first nine months of the year, travel.... Average expenditure per trip fell by 0.9 percent to 533.60 euros in the aggregate period, versus 538.20

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